"cancelled the company's planned capital raising of A$7 million, due to sooner than expected revenues from Syntonic's business (including Syntonic's distribution and license agreement with Tata Communications and Freeway by Syntonic's service launch in Southeast Asia) and accelerated sales pipeline opportunities with global tier-1 mobile carriers and major content providers seeking to expand their audience reach with sponsored data"
SYT Price at posting:
3.0¢ Sentiment: Buy Disclosure: Held